RAK Investment Authority Free Zone Business Setup
RAK Investment Authority Free Zone Business Setup advantages and key features:
There are several reasons to invest in Ras Al Khaimah. Below are the major benefits and key features-
• It is free from corporate and individual taxes.
• It is free from custom duties on import and export.
• It allows complete ownership.
• It allows complete repatriation of capital and profits.
• It is free from all the foreign exchange controls and barriers on trade.
• It supports hassle-free and smooth procedures.
• It is free from all the exemptions on taxes related to commercial fees on import and export.
• It has a business growing and friendly environment.
Types of business units:
There are three types of business units under RAK investment authority. They are-
a. Free Zone in RAK.
b. Mainland Company in RAK.
c. Offshore Company in RAK.
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